crime

Man who embezzled Y130 mil from IBM held for ripping Microsoft off

11 Comments

Japanese media report that a man had been arrested on suspicion of the embezzlement of his former employers, Microsoft Japan. Luckily he was easy to find, having already been charged with the embezzlement of his former employers over at a now-defunct subsidiary of IBM.

Yoshiyuki Ikutani, 48, had been working at IBM Business Consulting Services during a period from April 2008 to April 2009. According to police, during this time he had charged clients a consultancy fee but rather than have it sent to the company he delivered it to his own private account.

It is suspected that he had embezzled 300 million yen since 2005, but the charges stand at the approximately 130 million yen from 12 transfers over the one-year period.

When the company asked about the missing funds, Ikutani allegedly hired actors from a talent agent to pretend to be reps from clients giving formal apologies saying things such as, “I’m deeply sorry about the slow payment”.

IBM Business Consulting Services was eventually dissolved and merged with IBM Japan. By this time Ikutani had moved on to a position at Microsoft Japan, and IBM Japan begun an internal audit.

As IBM Japan was beginning to learn of Ikutani’s alleged creative bookkeeping, he was, according to police, already draining money from Microsoft Japan to the tune of 15 million yen.

When requested by the company to hire a consulting firm, he would use a fake company he had set and transfer the payment to his own account while forging the imaginary president’s signature.

After an internal investigation, the company fired Ikutani in September 2011, and worked on filing charges leading to his arrest now. However, he had already been arrested on charges of embezzlement from his time at IBM after charges were filed late last year.

It was reported that Ikutani had used the money he embezzled for private investments such as foreign currencies.

Source: MSN News

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11 Comments
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I must say that the guy is quite imaginative. I hope they will sue the wannabe actors too. Can he keep the other 170m yen?

1 ( +1 / -0 )

I must say it would explain a lot if my company's bungling IT staff turned out to be composed entirely of paid actors. But then again, what is working for a living but being a paid actor? The only real issue is the quality of your performance.

1 ( +1 / -0 )

Clever man. Isn't there another clever man working for Microsoft who rips people off? Bill something?

0 ( +2 / -2 )

Microsoft is claiming somebody ripped them off??? That's a laugh.

0 ( +3 / -3 )

What I never understand is, how come these people who successfully steal such large quantities of money, never leave the country or just vanish ?

Its like they are asking to get caught after they pulled off the heist.

300 million yen is more than enough to live comfortably for the rest of your life. Why not fake your own death and assume a new identity ? or leave the country and go live life out on some tropical paradise

2 ( +2 / -0 )

How do you get hired at a second company in a position to do the exact same thing? Is it like good on the resume or something?

1 ( +1 / -0 )

badmigraine

Good point! We are all actors really. Some paid better than others but not necessarily for the right reasons!

0 ( +0 / -0 )

fupayme, I always say the same thing. The guys who robbed that mail train in England back in the sixties knew how to get away correctly. Same for D.B. Cooper or whatever his name really was.

0 ( +0 / -0 )

Isn't there another clever man working for Microsoft who rips people off? Bill something?

If you were referring to Bill Gates, you have a strange idea of what "ripping people off" means.

http://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_Foundation

0 ( +1 / -1 )

When the company asked about the missing funds, Ikutani allegedly hired actors from a talent agent to pretend to be reps from clients giving formal apologies saying things such as, “I’m deeply sorry about the slow payment”.

That is classic.

Yeah, once he started getting investigated the first time, he should have skedaddled not got another job and certainly not done the same exact thing. With that much money there's all sorts of things he could've done/ ways to escape. It's probably some compulsive behavior trait.

I still can't get over the actors. All sorts of different scenarios keep playing in my head. They're all college kids and a little too young. The actor went deep into character with facial tics and strange speech patterns. Unbelievable barf-level over-acting that is then actually believed simply because they can't imagine they are actors... etc etc. I want to make a movie.

0 ( +0 / -0 )

interesting comments!

0 ( +0 / -0 )

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